The future of Europe literally depends on the next Franco-German compromise. Europe cannot be governed by the European Central Bank.
The crisis in the Euro Area is enmeshed in an evolving global, and European, financial and economic crisis. Its dimensions are profound, historical, and structural. It raises the stakes in European integration to new heights.
Police brutality is now part of everyday life in Greece. Violence from extreme political circles of all directions is on the rise, and an overall feeling of everyone-against-everyone makes evident the crumbling of Greek society.Thus, the only thing that Greek Police seem to be good at is to provoke indignation.
The European community cannot stand idly by when one of its own members faces disintegration. The Union’s motto is: “United in diversity”. Now, more than ever, the EU must live up to this ideal.
Greece has been financially ill even before it joined the then EEC. The symptoms were chronic cronyism, high levels of nepotism, severe clientelism and acute individualistic mentalities. Why did banks continue lending to a country like Greece, especially since they knew the economic state of affairs the country has been in for decades?
All Greeks have to understand, before it is too late, that from now on we have to co-exist and live together with immigrants, illegal or not (but mostly the former). Therefore, this new reality has raised important questions regarding acceptance or marginalization, legalization, multiculturalism, and national security, or even sovereignty.
The Greco-Turkish conflict is a product of long-standing traumatic experiences that are based on Stereotypical Images of the Enemy. Both share a complicated mechanism that promotes patriotism by systematically devaluing the “other” via selective education, literature and the media
Greece is tiny, its economy only 3 per cent of the EU. But just as the world appeared to be clawing its way out of financial turmoil and recession, Greece reminded the markets that countries, as well as banks, can go bust. The EU has changed its poorer members less than its founders imagined. Perhaps this crisis—the most serious in the EU since its creation, according to Angela Merkel—will finally persuade Greece, and the other weaker economies, to make the reforms they have ducked since joining the euro.
